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6.2 Debt
         Russia - External debt 2012 2013 2014 2015 2016 2017 Jan-Jun ‘18
                  Budget: external debt (USD bn)
2,363.52 2,844.56 2,729.43 2,169.01 2,073.22 2,096.24 1,005.41
                  Budget: external debt (% GDP)
29.02 31.73 29.07 37.89 39.83 32.84 /
                 source: CEIC, CBR
                        Russia external debt and public debt are completely covered by reserves in the National Welfare Fund. Debt to GDP ratio is a modest 15%.
     67 RUSSIA Country Report April 2020 www.intellinews.com
 

























































































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